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Private Discount Rate, Prime Banker's Acceptance, Open Market for Berlin, Germany (M13018DE00BERM156NNBR)

Observation:

Jul 1939: 2.75  
Updated: Aug 20, 2012

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Monthly
1Y | 5Y | 10Y | Max
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(a) Private Discount Rate, Prime Banker's Acceptance, Open Market for Berlin, Germany, Percent, Not Seasonally Adjusted (M13018DE00BERM156NNBR)
The Private Discount Is Granted Upon So-Called "Prime Bills" -- Those Of Recognized Solid Banks And Bankers. They Must Be Payable At In Berlin Or Some Other Town With A Branch Of The Reichsbank. They Must Call For At Least 5,000 Marks And Have At Least Fifty-Six Days And At Most Three Months To Run (See National Monetary Commission, Vol. 21, P. 201). Data Are For Average Daily Rate. Data For 1876-1913 Were Checked With Vergleichende Note-Bank Statistik. Data For October-December 1914 Are Unofficial Quotations. Data For July-August 1931 Were Interpolated To Account For A Banking Holiday. Source: Data For 1876-1910: Die Reichsbank. Data For 1911-1933: Statistiches Jahrbuch Fur Das Deutsche Reich, 1914, P. 294, And Later Issues. Data For 1934-1939: Wirtschaft Und Statistik, Pt. 2 Of Each Month.

This NBER data series m13018 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html.

NBER Indicator: m13018

Private Discount Rate, Prime Banker's Acceptance, Open Market for Berlin, Germany

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NOTES

Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Notes:

The Private Discount Is Granted Upon So-Called "Prime Bills" -- Those Of Recognized Solid Banks And Bankers. They Must Be Payable At In Berlin Or Some Other Town With A Branch Of The Reichsbank. They Must Call For At Least 5,000 Marks And Have At Least Fifty-Six Days And At Most Three Months To Run (See National Monetary Commission, Vol. 21, P. 201). Data Are For Average Daily Rate. Data For 1876-1913 Were Checked With Vergleichende Note-Bank Statistik. Data For October-December 1914 Are Unofficial Quotations. Data For July-August 1931 Were Interpolated To Account For A Banking Holiday. Source: Data For 1876-1910: Die Reichsbank. Data For 1911-1933: Statistiches Jahrbuch Fur Das Deutsche Reich, 1914, P. 294, And Later Issues. Data For 1934-1939: Wirtschaft Und Statistik, Pt. 2 Of Each Month.

This NBER data series m13018 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html.

NBER Indicator: m13018

Suggested Citation:

National Bureau of Economic Research, Private Discount Rate, Prime Banker's Acceptance, Open Market for Berlin, Germany [M13018DE00BERM156NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M13018DE00BERM156NNBR, April 27, 2017.

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